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Economic distress

Energy sector: Major step taken towards reducing circular debt

Caretaker Prime Minister Anwaar-ul-Haq Kakar directs Ministry of Energy to prepare and submit a comprehensive and sustainable plan after consultation with Finance Ministry

Updated 25 Jan, 2024 09:47am

Opinion

Not investing in future!

The International Monetary Fund’s (IMF’s) board has disbursed around $700 million as second tranche under a $3...

Published 23 Jan, 2024 05:14am

Opinion

‘It is a tale told by an idiot…’

Data collection and its dissemination is an exercise impacting on politics the world over; however, the capacity of...

Published 22 Jan, 2024 05:37am

Vulnerability of economy: Shamshad highlights five critical areas

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar said on Thursday, that Pakistan’s vulnerability has...

Updated 19 Jan, 2024 09:11am

PIDE webinar: Economist talks of GDP decline during BJP rule

ISLAMABAD: GDP growth in India in Manmohan Singh government during 2004 to 2013 was as high as 7.8 percent but it...

Updated 19 Jan, 2024 09:39am

Business & Finance

IMF debt dilemma looms after election: ex-SBP governor

LONDON: The International Monetary Fund faces tough choices on how to deal with Pakistan after the February election...

Published 19 Jan, 2024 05:37am

Business & Finance

Forex reserves down $111m on debt servicing

KARACHI: The country’s total liquid foreign exchange reserves declined by $111 million during the last week due to...

Published 19 Jan, 2024 05:37am

PM says growth ‘will be slow but sustainable’

DAVOS: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday expressed confidence that a stable government would...

Updated 18 Jan, 2024 10:03am

Industrialisation: Pakistan needs to be more competitive, attractive: PM

DAVOS: Caretaker Prime Minister Anwaar-ul-Haq Kakar on Wednesday said that Pakistan needed to be more competitive...

Updated 18 Jan, 2024 09:31am

Editorials

Manifestoes lack economic rationale!

EDITORIAL: Pledges by the two political parties, the Pakistan Muslim League-Nawaz and the Pakistan People’s Party,...

Published 18 Jan, 2024 05:54am

Editorials

Remittance inflows

EDITORIAL: Home remittances rose by 13.4 percent in December 2023 compared to the same month a year ago - to 2.4...

Published 15 Jan, 2024 05:03am

Editorials

SIFC making waves

EDITORIAL: The apex committee of the Special Investment Facilitation Council (SIFC), comprising the country’s...

Published 08 Jan, 2024 05:23am

Markets

POL sales down 7% YoY amid higher prices, economic slowdown

Sale of total petroleum products in Pakistan clocked in at 1.24 million tons in December, a decline of 7%...

Updated 02 Jan, 2024 07:09pm

SBA: IMF set for first review on 11th

ISLAMABAD: The International Monetary Fund (IMF) Executive Board is scheduled to consider the first review under...

Updated 02 Jan, 2024 10:44am

PM says govt-private cooperation a must for economic growth

LAHORE: Terming the strong interaction between the business community and the government vital for the country’s...

Updated 02 Jan, 2024 10:45am

Provincial projects: inclusion in PSDP banned

Finance Ministry conveys to provincial governments that it is going to shelve hundreds of non-starter projects besides making it mandatory for provinces to share in fertiliser subsidy and BISP funding

Updated 02 Jan, 2024 10:44am

‘Ratification of HKC will boost economy’

KARACHI: Speakers of a seminar organised by the National Trade Union Federation (NTUF) here said that the...

Updated 02 Jan, 2024 08:06am

Performance of Shamshad better than Dar’s, says noted economist

ISLAMABAD: Dr Shamshad Akhtar’s performance as finance minister is “B negative” and her predecessor Ishaq Dar’s is...

Updated 01 Jan, 2024 12:22pm

SBP terms FY23 ‘extraordinarily challenging’

KARACHI: The fiscal year 2023 was extraordinarily challenging, with a host of external and domestic shocks,...

Updated 30 Dec, 2023 08:16pm

Minister reviews matters related to TDAP, PSM

KARACHI: Federal Minister Commerce, Industries & Production Dr Gohar Ejaz presided over the meeting on matters...

Updated 30 Dec, 2023 04:17pm

Foreign investors: Jul-Nov profit repatriation soars 312pc to $532m YoY

KARACHI: Repatriation of profit and dividends by foreign investors posted a notable 312 percent growth during the...

Updated 28 Dec, 2023 08:53am

Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY

Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit

Updated 27 Dec, 2023 09:54am

Opinion

Some important economic policy questions

The first important policy question facing policymakers is how much role aggregate demand plays in determining...

Published 22 Dec, 2023 05:22am

Business & Finance

Shamshad highlights importance of Exim Bank

ISLAMABAD: Caretaker Finance Minister Dr Shamshad Akhtar has stated that Exim Bank will play an important role in...

Published 22 Dec, 2023 05:22am

Opinion

Outlook for inflation

The statement released recently by the Monetary Policy Committee of the SBP (State Bank of Pakistan) indicates that...

Published 19 Dec, 2023 05:20am

Nov C/A posts $9m first monthly surplus after June

KARACHI: After posting deficits for four consecutive months, the country’s current account improved significantly...

Updated 19 Dec, 2023 10:01am

Opinion

Why emphasis on export-led growth becomes imperative

In the expansive arena of economic governance, Ludwig von Mises’ profound assertion resonates: “If one rejects...

Published 18 Dec, 2023 06:42am

Opinion

Fertilizer: a subsidy for dealers?

For a very long time, the government has been supplying gas at a subsidized rate to fertilizer companies (mainly to...

Updated 18 Dec, 2023 07:03am

Oct LSMI output down 4.08pc YoY

The LSMI quantum index number (QIM) estimated for October 2023 is 111.06

Updated 16 Dec, 2023 05:34pm

Rs2.25trn agri credit target set by central bank

KARACHI: While setting the agriculture credit disbursement target at Rs 2.250 trillion for this fiscal year (FY24),...

Updated 16 Dec, 2023 09:57am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / May 10	278.14
USD PKR Interbank Buying / May 10	277.97
USD to Japanese Yen / May 10	155.70
USD to Swiss Franc / May 10	0.91
Pound Sterling to USD / May 10	1.25
Euro to USD / May 10	1.08

Stock	Volume
S&P 500 / May 9	5214.08
Nasdaq / May 9	16346.27
Dow Jones / May 9	39387.76
India Sensex / May 10	72468.66
Tokyo Nikkei / May 10	38229.11
Hang Seng / May 10	18970.69
FTSE 100 / May 10	8438.19
Germany DAX 30 / May 10	18827.29

Item	Value
Crude Oil USD/Barrel / May 10	79.87
Karachi Cotton PKR/37.32 KG / May 10	19935
Gold 10 Grams PKR / May 10	209019
Gold Spot USD/Ounce / May 10	2369.35
Cotton US¢/pound / May 10	78.18
Petrol/Litre / May 11	288.49

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / May 11 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / May 11 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / May 11 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / May 11 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / May 11 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / May 11 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / May 11 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / May 11 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / May 11 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / May 11 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / May 11 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / May 11 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / May 11 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / May 11 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / May 11 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / May 11 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / May 11 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / May 11 Telecard Limited(TELE)	12,358,668 ▲ 0.00

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